
London East, ON N6A 3M6
FINE ART- LOCATION! Business for sale in a prime Downtown London location on 394 Clarence St Unit #100 with excellent exposure and strong pedestrian traffic, featuring 2 offices and 2 bathrooms with a total area of 1,850 sq ft. Flexible DA1 zoning permits a wide range of uses including retail, restaurant, café, food service, personal service, office, medical/professional, and entertainment. Current rent is $2000/month with water included. Utilities are approximately $150/month. Insurance is approximately $200/month, keeping operating costs low and margins strong., Remaining lease runs until Feb 28, 2027, with a 3-5 year renewal option available. All existing equipment and fixtures are included. A rare change to step into a profitable, well-located business with excellent growth potential n one of London's most vibrant and ought-after commercial strips. Buyer is not required to continue the current franchise or brand, allowing flexibility to rebrand or introduce a new concept, subject to landlord approval and applicable requirements. Approximate total monthly overhead, including current services, is ONLY $2350. Please contact the listing agent for more info.
TRREB MLS® Attribution
MLS® X13111552
Listed by CENTURY 21 FIRST CANADIAN CORP
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$342
/month · $56,000 mortgage
Amortization
Total Interest
$46,546
Total Cost
$102,546
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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CENTURY 21 FIRST CANADIAN CORP